Re: There was no DAO hack

Maybe it is just all PR

The craziest conspiracy theory is the whales did this on purpose not just to profit by shorting and repurchasing cheaper, but also to create a massive amount of promotion for The DAO.

The any promotion is good promotion school of marketing.

$50 ETH here we come? (note it could also crash to $1 so please don't think I am offering any advice)

Normally it is best to buy when there is "blood in the streets". Ethereum isn't likely dead. So far, CC is a delusion of decentralization any way.

The ETH chart is looking very similar to BTC's 2013/14 crash.

Note after an extended deadcat bounce, then BTC proceeded to make lower lows and eventually found bottom @150ish.

I rescind the quoted speculation. Lower lows seen on the chart now, because of the revelation that ETH is fucked.

It's going down, down, down. Game over.

The big shit might come soon as the press takes this to damn all cryptos...

I warned r0ach of that. I hope I was wrong. Hopefully BTC will get stronger with the exodus from ETH -> BTC.

And y'all know I am not a Bitcoin Maximalist.